CYTS ‘revenue increased by 14 last year.58%, Wuzhen scenic spot net income doubled

CYTS ‘revenue increased by 14 last year.58%, Wuzhen scenic spot net income doubled
On April 9, CYTS Holdings Co., Ltd. (hereinafter referred to as “CYTS”) issued its 2019 annual report.The report shows that in 2019, CYTS achieved an operating income of 140.5.4 billion, an annual increase of 14.58%, realized the net profit attributable to shareholders of listed companies.6.8 billion, down by 4 every year.9%.In terms of attractions business, Wuzhen and Gubei Water Town are the two major attractions of CYTS.In 2019, Wuzhen gradually received 918 tourists.260,000 person-times, an annual increase of 0.35%, of which, Dongzha received 388 tourists.590,000 person-times, down 3 every year.09%; Xizha received tourists 529.670,000 passengers, an annual increase of 3.04%.At the same time, Wuzhen’s operating income and net profit continued to grow, while achieving operating income21.US $ 7.9 billion, an annual increase of 14.39%; realized net profit 8.07 billion, an annual increase of 9.97%.Gubei Water Town Scenic Spot initially received 239 passengers.370,000 person-times, down 6 every year.68%, achieved operating income of 9.500 million, down by 4 every year.79%.Affected by factors such as reduced real estate investment income and increased costs, Gubei Water Town attractions achieved a net profit.4.6 billion, decreasing by 1 every year.6.2 billion yuan.At the same time, it was announced that Puyuan is expected to be still in the construction stage, and due to the impact of the new coronary pneumonia epidemic, it is expected to develop a start-up plan.In addition, in 2019, CYTS travel products and services achieved operating income of 47.1.8 billion, an annual increase of 20.7%; IT product sales and technical services achieve operating income of 38.4.9 billion, an annual increase of 15.82%; integrated marketing services to achieve operating income 26.$ 7.1 billion, an annual increase of 4.28%; hotel industry realized operating income5.4.4 billion, an increase of 10 in ten years.57%.Faced with the impact of the new coronary pneumonia epidemic, each section of CYTS quickly formulated emergency plans according to their respective business types and characteristics. Taking the safety of tourists and employees as the top priority, active measures were taken.In terms of financial management, the cost of capital contributions by consumer finance companies, ultra-short financing issuance, and credit extension of molecular companies have been further connected; each business unit has increased the collection of accounts receivable to control cash flow.At the business level, it recognizes brand promotion, optimizes online marketing, actively develops products, develops new business models, conducts employee training, and accumulates power for subsequent market recovery.In terms of government policy support, various business units have actively connected with relevant agencies to improve the return of quality deposits for travel agencies, rent reductions, gradual preferential treatment, phased reductions in social security premiums, and suspension of housing provident funds.Sauna, Ye Wang Wang Shengnan editor Li Zheng proofreading Li Shihui Picture Vision China